Flow-Token remains under pressure despite market rally – due to ongoing security repercussions

rekt_but_resilient · 2026-01-09T11:32:12+00:00

The Altcoin Flow (FLOW) has suffered heavily from a cyberattack, leading to a price drop of over 50 percent. Despite stabilization measures and a recovery plan, the market outlook remains uncertain. Only through restoring trust could FLOW benefit from the recovery.

rekt_but_resilient

2026-01-09 11:32:12

Abstract generation in progress

The Altcoin Flow (FLOW) significantly lags behind the current market appreciation. While Bitcoin has broken the $90,580 mark and Ethereum is trading above $3,100, the Flow token shows an opposite trend: in the last 24 hours, its price has fallen by about 10 percent, even though the overall market increased by nearly 2.3 percent. With a current price of around $0.10, FLOW shows a clear weakness compared to the market recovery.

The Security Incident as a Trigger

The price pressure intensified significantly on December 27, when the Flow network was targeted by a cyberattack. An attacker exploited a critical vulnerability in the execution layer and stole approximately $3.9 million. The immediate shock was massive: in just one trading day, the price collapsed by over 50 percent and fell to a historic low of $0.079. Several South Korean trading platforms responded with deposit stops for the token, which further shook confidence.

Network Stabilization in Focus

The Flow Foundation acted quickly to prevent further damage. The team was able to contain the attack and emphasized that the network users’ balances were not affected. Initially, a rollback of the network to a state before the attack was considered. After intensive discussions with validators and the developer community, the foundation decided on a different approach: restoring without a complete reset to preserve normal user activities.

Recovery Plan Begins in Phase One

The Flow Network Recovery Plan is now underway. In phase one (Start 6 a.m. PT), the Cadence environment and over 99.9 percent of all affected accounts will be gradually reactivated. The EVM environment remains in read-only mode for now, while accounts affected by the security vulnerability are temporarily locked.

Perspective Remains Uncertain

Despite these stabilization measures, it remains questionable whether the technical recovery is sufficient to convince market participants. FLOW is currently the second-largest daily loser on various price trackers. Only when the network demonstrates full stability again and trust is restored will the token benefit from the industry-wide upward trend. The coming weeks will determine the further development.

FLOW-2,03%

BTC0,61%

ETH-0,49%

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